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Below is a list of commonly used Maryland bankruptcy exemptions. Unless otherwise indicated, all references are to the Maryland Code Annotated.


Up to $22,975 of equity (if your home is worth $120,000 and you owe $60,000 on the mortgage, you have $60,000 of equity in your home) in any real property (house, condominium, or co-op) that you use as a residence. It also includes a manufactured home that you have converted to real property pursuant to § 8B-201 of the Real Property Article. The Maryland homestead exemption may only be claimed once every eight years and married couples may not double the homestead exemption. Md. Code Ann., [Cts. & Jud. Proc] § 11-504(f)

To learn more, see The Maryland Homestead Exemption.

Personal Property

Up to $5,000 in tools of your trade, including clothing, books, tools, and inventory. Md. Code Ann., [Cts. & Jud. Proc] § 11-504(b)(1)

Professionally prescribed health aids. Md. Code Ann., [Cts. & Jud. Proc] § 11-504(b)(3)

Appliances and furnishings, clothing, pets, and books for use by you or your dependents. Md. Code Ann., [Cts. & Jud. Proc] § 11-504(b)(4)

Burial plot. Md. Code Ann., [Bus. Reg.] § 5-503

Maryland does not have a motor vehicle exemption, but you may use your wildcard exemptions to protect equity in your vehicle.

Public Benefits & Support

Court-ordered child support payments. Md. Code Ann., [Cts. & Jud. Proc] § 11-504(b)(6)

Alimony, to the extent that wages are exempt from attachment under § 15-601.1(b)(1)(ii) or (2)(i) of the Commercial Law Article. Md. Code Ann., [Cts. & Jud. Proc] § 11-504(b)(7)

Public assistance benefits – Human Services § 5-407(a)(1),(2)

Retirement Benefits

ERISA-qualified benefits and IRAs. Md. Code Ann., [Cts. & Jud. Proc] § 11-504(h)(1)

State employees retirement accounts and benefits. Md. Code Ann., [State Pers. & Pen.] § 21-502

Wildcard Exemptions

Cash or property up to $6,000 in value. Md. Code Ann., [Cts. & Jud. Proc] § 11-504(b)(5) and an additional $5,000 of value in personal property. Md. Code Ann. [Cts. & Jud. Proc] § 11-504(f)(1)(i)(1). (To learn more, see The Maryland Wildcard Exemption.)

Insurance and damages

Disability or health benefits, including court awards, arbitration awards, & settlements. Md. Code Ann., [Cts. & Jud. Proc.] § 11-504(b)(2)

Fraternal benefit society benefits. Md. Code Ann., [Ins.] § 8-431; Md. Code Ann., [Est. & Trusts] § 8-115

Life insurance or annuity contract proceeds when beneficiary is the insured’s dependent, child, or spouse. Md. Code Ann., [Ins.] § 16-111 (a); Md. Code Ann., [Est. & Trusts] § 8-115

Medical insurance benefits deducted from wages plus medical insurance payments to $145 per week or 75% of disposable wages. Md. Code Ann., [Com. Law] § 15-601.1 (3)

In re Stine, 360 F.3d 455 (4th Cir 2004); Bank of America v. Stine, 379 Md. 76, 839 A.2d 727, 729 (2003)

Miscellaneous — Personal Injury, Wrongful Death, Lost Future Earnings Awards

Ssettlements or awards that you receive as the result of any person’s injury or illness or wrongful death; lawsuit or settlement awards for lost future earnings. Md. Code Ann., [Cts. & Jud. Proc.] § 11-504 (b)(2).

State Exemptions